• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Is The Approval Of Crypto ETFs At Risk? SEC Operations Frozen By Gov. Shutdown
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Is The Approval Of Crypto ETFs At Risk? SEC Operations Frozen By Gov. Shutdown
Dogecoin

Dogecoin Mirrors Ethereum As Social Sentiment Tanks, Is A Price Crash Brewing?

Scott Matherson
by Scott Matherson
7 months ago
·
Posted in Altcoin News, Dogecoin
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Dogecoin currently boasts a bearish outlook, having dropped below the $0.30 psychological level and is now at risk of losing the $0.20 level. This bearish outlook is further strengthened by a drop in DOGE’s social sentiment, mirroring Ethereum, which has also suffered significant price crashes. 

Dogecoin Mirrors Ethereum As Social Sentiment Tanks

In an X post, on-chain analytics platform Santiment revealed that Dogecoin is mirroring Ethereum as social sentiment on these coins is “nearly non-existent.” This means that there has been a lack of significant social media interest in Dogecoin and Ethereum, with investors choosing to discuss other coins over them. 

Related Reading: Dogecoin Sees Social Sentiment Crash To New Lows, Why This Could be A Good Thing For Its Price

In this regard, Santiment revealed that Bitcoin is leading the way in cryptocurrency discussions on these social media platforms. Meanwhile, Cardano has also witnessed a massive rise compared to usual. On the other hand, Dogecoin and Ethereum are both basically non-existent in these crypto discussions. 

Dogecoin
DOGE social sentiment dropping | Source: Santiment on X

This development provides a bearish outlook for Dogecoin and hints that a further price decline may be on the horizon. It is worth mentioning that the foremost meme coin has been one of the coins that has taken the most hit during the market downtrend, losing the $0.3 psychological level. This indicates that the negative social sentiment has also translated to a lack of buyers in the DOGE ecosystem to help defend certain support levels. 

Besides the crash in social sentiment, on-chain metrics also paint a bearish picture for Dogecoin and hint at a price crash that could be brewing. IntoTheBlock data shows that there has been a dropping in ‘Hodlers Balance.’ These are investors who have held the meme coin for a year more. As such, long-term holders look to be losing their confidence in Dogecoin, which could spark a wave of sell-offs and lead to a massive crash for the foremost meme coin. 

DOGE Is Still In An ‘Overall’ Bull Market

Despite the recent downtrend for Dogecoin, crypto analyst KrissPax has assured market participants that the foremost meme coin is still in an overall bull market. He noted that every falling wedge over the past year and a half has led to an upward trend breakout for DOGE. As such, despite the recent pullback due to inflation, fewer rate cuts, and Trump’s tariffs, the crypto analyst is confident that Dogecoin will eventually turn around and go higher. 

Related Reading: Dogecoin Price Remains Above Support Trendline To Form Selling Climax Bottom

Crypto analyst Trader Tardigrade also provided a bullish outlook for DOGE, stating that a price surge is imminent. He remarked that DOGE’s bullish falling wedge was nearing a breakout. The crypto analyst added that the meme coin often forms large falling wedge before it pumps. His accompanying chart showed that DOGE could finally pump to the much-anticipated $1 level when it breaks out to the upside. 

At the time of writing, the Dogecoin price is trading at around $0.25, down almost 5% in the last 24 hours, according to data from CoinMarketCap.

Dogecoin
DOGE trading at $0.25 on the 1D chart | Source: DOGEUSDT on Tradingview.com
Featured image from Adobe Stock, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Scott Matherson

Scott Matherson

Follow

Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

Full Profile

Related Posts

Dogecoin price

What To Expect From The Dogecoin Price In October After A Green Monthly Close

4 days ago
Altcoin 24H Futures Volume Surpasses BTC and ETH: Warning Sign Or Market Shift?

Altcoin 24H Futures Volume Surpasses BTC and ETH: Warning Sign Or Market Shift?

5 days ago
Ripple

Ripple CEO’s Past Words On XRP’s Utility Resonate Today As Community Awaits ETF Decision

6 days ago
Tether

Tether’s Half-Trillion Valuation Goal Catches Ark Invest’s Attention

1 week ago
Dogecoin

Can Meme Coins Like Dogecoin And Shiba Inu Still Rally? What To Expect

1 week ago
D​​ogecoin

D​​ogecoin And XRP ETFs Are Almost Here With New SEC Move – Here’s The Next Important Date

1 week ago

Premium Sponsors

Press Releases

  • The Quiet Market Shift Investors Might Be Missing: How Tapzi Is Challenging Institutional Favorites

    The Quiet Market Shift Investors Might Be Missing: How...

    2 days ago
  • Investors Search for Long-Term Upside in This Under-$0.01 Crypto of 2025 Tapzi

    Investors Search for Long-Term Upside in This Under-$0.01...

    2 days ago
  • MoonBull Presale Explodes with over 11,800% Projected ROI as Uptober Sends the Market Soaring

    MoonBull Presale Explodes with over 11,800% Projected ROI...

    2 days ago
  • 狗狗幣引領『Uptober』Meme...

    2 days ago
  • ตัวละคร Snorter ขนฟูโต้คลื่นบนเซิร์ฟบอร์ดสีชมพู

    จับตา Uptober!...

    3 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.